A short proof for the characterization of the core in housing markets

Hidekazu Anno

    Research output: Contribution to journalArticle

    7 Citations (Scopus)

    Abstract

    We provide a short proof for the following characterization of the core in housing markets first proved by Ma (1994): the core is the only rule that satisfies strategy-proofness, Pareto efficiency and individual rationality.

    Original languageEnglish
    Pages (from-to)66-67
    Number of pages2
    JournalEconomics Letters
    Volume126
    DOIs
    Publication statusPublished - 2015 Jan 1

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    Keywords

    • Core
    • Housing market
    • Strategy-proofness

    ASJC Scopus subject areas

    • Economics and Econometrics
    • Finance

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